i

Daily Alert: Surprises keep on coming

  • Data yesterday from Stats NZ showed growth over Q1 was much, much stronger than anyone had forecast.
  • There’s an increasing risk the RBNZ lifts the OCR earlier than we’d previously forecast (we had pencilled in May 2022).
  • While many countries around the world are still struggling with COVID outbreaks, growth and employment data continues to surprise on the upside in North American and Australasia.

Contact us

Other reports